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Small and large businesses and those in between all find themselves at home with our various business checking accounts. Here are the highlights of each:
Sole Propriatorship Checking
New entrepreneurs or established small business owners are both eligible for our standard business checking account. The minimum average balance is $900 per month to avoid the $9.00 monthly fee. You choose and purchase your own checks. Interest can be paid and posted to the account monthly with the rate dependant on the average balance. If you write less than one hundred checks a month and deposit less than 400 checks per month, this account is for you. There is no charge for currency or coin activity. The frustrating fees you have endured at other financial institutions may soon be a thing of the past.
Corporate Business Checking
Fairfax State Savings Bank stakes its reputation on fairness. We understand
that when it comes to corporate or high volume activity accounts, one
size does not fit all. Our solution: find a fit. A bank officer will
take the time to analyze your current situation and specifically tailor
an account that is uniquely established for your business. What does
this mean to our corporate and large volume merchant clients? It means
we find a monthly fee or a target balance that is fair and simple. There
is no confusion, no lengthy monthly analysis, no collected or un-collected
funds report and most importantly, no additional bank fees for any of
our services. Your monthly fee or target "compensating" balance takes care of everything. It's that simple! Call a bank officer today and you could have a new banking relationship tomorrow.
Non-Profit Checking
If you're troubled that your qualified non-profit corporate checking account
is being treated like any other corporate account, read on. Fairfax State
Savings Bank pays money market rates on every dollar in your non-profit
checking. While the rate is subject to change at any time, it is tied
directly to our Money Market Savings Account. There are no "sweeps", no
hassles and the interest is posted to your checking account monthly. Contact
a bank employee to start earning money market rates on your non-profit
checking.
